AFME forms European T+1 industry taskforce
Association will consider a decision to follow the US in implementing a shortened settlement cycle, and a timeframe for a potential switch.
Global Custodian: Industry ‘shock’ at SEC choice of May 2024 over Labour Day 2024
Settlement cycle reaction: Industry ‘shock’ as SEC opts for ‘ambitious’ T+1 timeline
Industry experts weigh in as US regulators fail to concede to industry demands for at least September 2024 deadline, with T+1 set to go live in the US on 28 May 2024.